Global Sun Care Market By Overview
Suncare product is the first line of defense to prevent the harmful effects of sun rays. Long term exposure to UVA and UVB rays can cause premature skin ageing, tanning, sunburn, skin cancer, etc. to overcome these harmful effects, there are a variety of sunscreen products in the market. These products come in several forms, which consist of a wide range of sun protection factors commonly known as SPF, to protect the skin from harmful rays. Suncare products also have harmful multifunctional whitening properties that prevent wrinkles.
Global Sun Care Market By Drivers & Restraints
As consumer has become more aware of the harmful effects of UV rays and their interest in premature skin ageing, skin cancer and other skin diseases, the demand for sunscreen products is grow significantly, especially in areas with high exposure to UV rays, as the need for exceptional protection against ultraviolet rays and the sun rays. Consumer expectations about the additional benefits of these products are leading manufacturers to produce innovative and versatile sun protection products. Sunscreen products with other advantages and features such as skin nutrition, redness reduction, stain removal, hydration and anti-ageing are expected to gain more popularity during the forecast period. The popularity of organic and natural products for personal care is growing worldwide. The demand for sunscreen products based on raspberry seed oil, wheat germ oil, hazelnut oil and carrot seed oil increases, which will lead the market for sun care products. However, the government imposes various regulations on sunscreen products to ensure consumer safety. Cheap and low-quality products can have a negative impact instead of protecting your skin. The government has developed several standards that all manufacturers must meet. Further opportunity in the market is the immense surge in popularity of strong sun care items has tempted market players to expand finances coordinated towards the innovative work of ingredients, novel plans, and simple to-apply item varieties. The surge in research and advancement activities have consequently stimulated the improvement of multi-useful sun care details and sun-protected items with natural drugs.
Global Sun Care Market By Segmentations & Regional Insights
Sun care market is segmented based on the product, type, distribution channel, form, and region.
Based on the product, the sun care market is segmented into self-tanning products, after-sun products, and sun protection products. The demand for self-tanning products is expected to surge in the foreseeable future, and the majority of the demand is likely to be concentrated across the world. Based on the type, the target market is segmented into SPF 6-14, SPF 15-30, SPF 30-50, and SPF 50 . Based on the distribution channel, the global market is classified into offline retail stores and online retail stores. Based on form, the target market is bifurcated into cream, gel, lotion, powder, liquid, wipes, and spray. The cream segment accounted for the majority of sunscreen products. The factors that propel the division include the simplicity of use and the nutritional ingredients of the creams. It is also one of the most common forms of sunscreen products.
Based on the region the sun care market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the sun care market due to growing demand for advanced medical technologies and increasing awareness of geriatric population towards the sun care products. The Asia Pacific sun care market is projected to register a high CAGR over the forecast period owing to the growing trend of increasing awareness of sunburn damage among consumers.
Sun Care Market, By Product:
- Self-tanning Products
- After-sun Products
- Sun Protection Products
Sun Care Market, By Type:
- SPF 6-14
- SPF 15-30
- SPF 30-50
- SPF 50
Sun Care Market, By Distribution Channel:
- Offline Retail Stores
- Online Retail Stores
Sun Care Market, By Form:
- Cream
- Gel
- Lotion
- Powder
- Liquid
- Wipes
- Spray
Sun Care Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Sun Care Market By Competitive Landscape & Key Players
The key players operating the sun care market involves Group Clarins, Burt’s Bees, Beiersdorf AG, Johnson & Johnson, Shiseido Co. Ltd., Coty inc., L’Oreal, Estee Lauder, Bioderma Laboratories, and Unilever. For instance, On October 7, 2019, Shiseido announced that it develops the world's first technology that increases UV protection effect with heat. On May 13, 2019, Beiersdorf acquires Coppertone from Bayer, Beiersdorf entered into a definitive agreement with Bayer for the purchase of the sun care business marketed under the Coppertone brand.
Global Sun Care Market By Company Profile
- Group Clarins
- Burt’s Bees
- Beiersdorf AG
- Johnson & Johnson
- Shiseido Co. Ltd.
- Coty inc.
- L’Oreal
- Estee Lauder
- Bioderma Laboratories
- Unilever
FAQs
The sun care market accounted for US$ xxx billion in 2034 and is projected to register a moderate CAGR of xx.x%
The market report has been segmented based on component, business type, category, and region.
Sun Care Market is driven by factors such as increasing awareness of skin health and the importance of sun protection, rising concerns about skin cancer and premature aging, product innovations, and the growing popularity of outdoor activities.
The presence of harmful chemicals in some formulations, potential skin irritation, compliance issues with regular application, and the impact of COVID-19 on travel and tourism affecting the demand for certain sun care products, acting as potential restraints for the Sun Care Market globally.
North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific, particularly countries like China, Japan, and South Korea, is expected to dominate the Sun Care Market, driven by a growing beauty-conscious population and increasing awareness of sun protection. North America and Europe are also significant markets with a high demand for sun care products.
The prominent player operating in the Sun Care market includes Group Clarins, Burt’s Bees, Beiersdorf AG, Johnson & Johnson, Shiseido Co. Ltd., Coty inc., L’Oreal, Estee Lauder, Bioderma Laboratories, and Unilever.